Pursuits

Caesars Drops Gansevoort Name From Las Vegas Project After Probe

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Caesars Entertainment Corp. dropped the Gansevoort Hotel name from a project in Las Vegas after regulators raised concerns about the hotel operator, forcing Caesars to pull out of a separate partnership in Massachusetts.

Massachusetts gaming investigators recommended that Caesars not be licensed in the state, in part due to questions about an investor in Gansevoort, Chairman and Chief Executive Officer Gary Loveman said in a telephone interview yesterday.